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Akzo Nobel earnings beat forecasts

Thursday 06 March 2008

Coatings and chemicals group Akzo Nobel said on Thursday that its fourth quarter profit before tax and interest rose 43% to €174m, largely due to cost savings.

The figures were above analysts' expectations.

Turnover was up 2% at €2.4bn, in line with earlier statements. Akzo also said the integration of UK chemicals group ICI is well on track.

© DutchNews.nl


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